Japan Stock IR Daily – September 09, 2026 (19 reports)

• NIKKO Co., Ltd. announced its Q1 FY2027 financial results for the period from April 1, 2026, to June 30, 2026.
• Net sales for the quarter totaled ¥11,822 million, representing an increase of ¥3,528 million (42.5%) compared to the same period last year.
• Operating income reached ¥274 million (compared to an operating loss of ¥54 million in the prior-year period), and net income attributable to owners of parent was ¥203 million (compared to a net loss of ¥61 million), both turning profitable.
• Orders received amounted to ¥14,005 million, an increase of ¥3,601 million (34.6%) year-over-year.
• By segment, BP-related business recorded sales of ¥4,879 million, a 101.2% increase YoY, and operating income of ¥676 million, a 144.0% increase YoY, showing significant growth in both sales and profit.
• AP-related business sales increased by 33.8% YoY to ¥4,130 million, but the operating loss expanded to ¥179 million from ¥123 million in the prior-year period.

NIKKO Co., Ltd.’s Q1 FY2027 results demonstrate a significant turnaround in sales and profitability, largely driven by strong performance in its BP-related business. This growth appears to be supported by carried-over projects from the previous fiscal year and robust demand for equipment investment and maintenance. However, the widening operating loss in the AP-related business is a point of concern, and its future trajectory will be worth monitoring.

• NeoJapan Inc. announced on September 9, 2026, a “Partial Correction to the ‘Q1 FY2027 Financial Results Briefing Material’.”
• The correction pertains to page 26 of the “Q1 FY2027 Financial Results Briefing Material” originally released on June 11, 2026.
• An error was identified in a portion of the content, necessitating the correction.
• It is explicitly stated that there are no corrections to previously disclosed financial statements or other numerical data.
• The specific corrections are indicated by red frames in the attached separate sheet.

This correction addresses an error in a previously released financial results briefing material, but it’s important for investors to note that the actual financial figures in the disclosed financial statements remain unchanged. Such a correction primarily aims to ensure the accuracy of information provided in supplementary materials. Investors may wish to review the detailed corrections to understand the nature of the error and its potential implications for their interpretation of the company’s past performance communications.

• TESS HOLDINGS announced on September 9, 2026, a correction to a portion of its “FY2026 June Earnings Presentation Materials.”
• The reason for the correction was an identified error in the calculation of “Per-capita educational investment (full-time employees)” mentioned under “Promoting ESG Management” in the materials published on August 14, 2026.
• The corrected section is on page 45 of the presentation, titled “Promoting ESG Management.”
• The specific revisions are highlighted with red frames, showing both the “Before Correction” and “After Correction” figures.

This correction addresses an accuracy issue within the company’s ESG-related data in its earnings presentation materials. As ESG information continues to gain importance in investor evaluations, maintaining accuracy in such disclosures may be seen as crucial for corporate credibility. While this correction does not appear to directly impact financial metrics, it could be viewed as an indicator of the company’s commitment to transparency in its information disclosure framework.

• NICHIRIN Co., Ltd. reported consolidated results for the second quarter of the fiscal year ending December 2026 (January-June), with net sales of ¥42.2 billion (up 18.3% year-on-year) and operating profit of ¥5.2 billion (up 5.9% year-on-year). Ordinary profit reached ¥5.51 billion (up 27.4%), but net profit attributable to owners of the parent decreased by 4.1% to ¥2.89 billion.
• By segment, sales increased in all regions (Japan, North America, China, Asia, and Europe). While operating profit increased in Japan, China, Asia, and Europe, North America recorded an operating loss of ¥0.25 billion due to additional tariffs and other factors.
• The full-year forecast for the fiscal year ending December 2026 remains unchanged, with projected net sales of ¥78.0 billion, operating profit of ¥9.3 billion, ordinary profit of ¥9.5 billion, and net profit of ¥5.6 billion. The exchange rate assumption for the second half was revised to ¥160 per US dollar.
• For shareholder returns, the company maintained its annual dividend forecast of ¥190 per share (¥95 interim + ¥95 year-end), with a dividend payout ratio target of 45% and a DOE floor of 2.5%. Additionally, NICHIRIN announced a share buyback program up to ¥1.5 billion, with a policy to cancel acquired shares.
• Out of the total ¥35.0 billion cash allocation for 2026-2028, ¥20.5 billion is planned for strategic investments, ¥13.0 billion for shareholder returns, and ¥1.5 billion for other purposes. ¥5.5 billion has been utilized as of the interim period (15.9% progress).

NICHIRIN’s interim results for FY2026 show significant year-on-year increases in both net sales and operating profit, suggesting a positive growth trend in its operations. The announcement of a share buyback program with a cancellation policy may indicate a strong management focus on improving capital efficiency and per-share value. The decision to keep the full-year forecast unchanged despite strong interim results could reflect management’s cautious consideration of uncertainties such as operating losses in North America, additional tariffs, raw material prices, and the Reiwa 8 Kumamoto Earthquake.

• IKUYO Co., Ltd. resolved to introduce a continuous shareholder benefit program at its board meeting held on September 9, 2026.
• Eligible shareholders are those holding 1,000 shares (10 units) or more for one continuous year, recorded on the shareholder registry as of September 30 each year, primarily residing in Japan.
• The benefit consists of a ¥60,000 QUO card, distributed once a year.
• The first distribution is scheduled for early December 2027, targeting shareholders who continuously held shares for one year from September 30, 2026, to September 30, 2027.
• The purpose of introducing this system is to form and expand a shareholder base that supports the company over the medium to long term, thereby building a stable shareholder foundation.

IKUYO’s new shareholder benefit program, offering a substantial ¥60,000 QUO card annually, may attract attention from individual investors due to its high practical value. The condition of continuous ownership for over one year suggests the company’s focus on retaining long-term shareholders who understand its growth strategies, rather than those engaged in short-term trading. This new program appears to address participation hurdles identified in previous cryptocurrency-based benefit schemes, aiming to provide a more accessible and tangible benefit to a broader range of shareholders.

• Besterra’s consolidated results for the second quarter (interim period) of the fiscal year ending January 2027 show net sales of ¥5.895 billion (up 15.6% year-on-year), operating profit of ¥574 million (up 154.1% year-on-year), and ordinary profit of ¥609 million (up 183.2% year-on-year).
• Net profit attributable to owners of the parent recorded ¥99 million, a decrease of 55.1% compared to the previous interim period. This was due to extraordinary losses totaling ¥500 million, including an impairment loss on investment securities of ¥499 million, despite recording extraordinary gains of ¥314 million, including a gain on sale of investment securities of ¥313 million.
• By segment, the demolition and maintenance business reported completed construction revenue of ¥5.859 billion (up 18.7% year-on-year) and segment profit of ¥1.282 billion (up 45.4% year-on-year).
• The consolidated full-year earnings forecast for the fiscal year ending January 2027 has been revised to net sales of ¥13.0 billion (up 16.7% year-on-year), operating profit of ¥1.0 billion (up 34.9% year-on-year), ordinary profit of ¥1.02 billion (up 33.6% year-on-year), and net profit attributable to owners of the parent of ¥530 million (down 27.7% year-on-year).
• The annual dividend forecast is ¥15 for the interim period and ¥25 for the year-end, totaling ¥40.

Besterra’s Q2 FY2027 results indicate strong growth in sales, operating profit, and ordinary profit, suggesting robust performance in its core demolition and maintenance business. However, the significant decrease in net profit attributable to owners of the parent is attributed to extraordinary losses related to investment securities. This highlights the importance for investors to understand the specific nature and future implications of these special losses, particularly in light of the revised full-year earnings forecast.

• Kakiyasu Honten Co., Ltd. announced its consolidated financial results for the first quarter of the fiscal year ending April 2027 (May 1, 2026, to July 31, 2026).
• Revenue was ¥8,446 million (down 2.4% year-on-year), operating profit was ¥65 million (down 72.8% YoY), and ordinary profit was ¥87 million (down 65.6% YoY).
• Net profit attributable to owners of the parent was ¥16 million (down 88.8% YoY).
• By segment, the Japanese Confectionery business reported revenue of ¥1,597 million (up 4.4% YoY) and segment profit of ¥25 million (up 1.9% YoY), showing increases in both revenue and profit.
• The consolidated full-year earnings forecast for the fiscal year ending April 2027 and the annual dividend forecast (year-end ¥85.00, total ¥85.00) remain unchanged from the most recently announced figures.

Kakiyasu Honten’s Q1 FY2027 results show a decrease in revenue and all profit metrics compared to the previous year. The significant declines in operating profit, ordinary profit, and net profit may suggest the impact of a challenging business environment, including rising raw material costs and consumer saving trends. However, the Japanese Confectionery segment achieved growth in both revenue and profit, which could indicate the effectiveness of specific initiatives such as new product development and promotional campaigns within that area.

• Beauty Garage announced its consolidated financial results for the first quarter of the fiscal year ending April 2027 (May 1, 2026 – July 31, 2026).
• Net sales reached ¥10,250 million (up 13.7% year-on-year), operating income was ¥475 million (up 98.4%), ordinary income was ¥456 million (up 88.2%), and net income attributable to owners of parent was ¥273 million (up 67.8%).
• By segment, the product sales business recorded net sales of ¥8,660 million (up 14.4% year-on-year) and segment profit of ¥449 million (up 92.3%).
• The store design business reported net sales of ¥750 million (down 2.6% year-on-year) and a segment loss of ¥10 million (compared to a ¥5 million segment loss in the prior year).
• The solutions business posted net sales of ¥839 million (up 25.0% year-on-year) and segment profit of ¥93 million (up 63.3%).
• The consolidated full-year forecast for FY2027 remains unchanged, projecting net sales of ¥43,153 million (up 13.0% year-on-year), operating income of ¥2,217 million (up 46.0%), and net income attributable to owners of parent of ¥1,351 million (up 48.0%).

Beauty Garage’s Q1 results show significant year-on-year growth across net sales and all profit metrics, with strong performance in the product sales segment appearing to be a key driver. The full-scale operation of the new logistics center (Kashiwa FC) may have contributed to improved profitability. However, the store design business experienced a decline in sales and a loss, which could be an area for continuous monitoring.

• G-ROBOPAY announced a 2-for-1 stock split for common shares recorded in the shareholder registry as of September 30, 2026, with an effective date of October 1, 2026.
• In conjunction with the stock split, the company will amend its Articles of Incorporation to change the total number of authorized shares from 10,000,000 to 20,000,000, effective October 1, 2026.
• The year-end dividend forecast for the fiscal year ending December 2026 has been revised from ¥31.00 to ¥15.50 per share on a pre-split basis, reflecting no substantive change when adjusted for the split ratio.
• The eligibility requirements for the shareholder benefit program have been adjusted to align with the stock split ratio, resulting in no substantive change to the program itself.
• The exercise prices for the company’s stock acquisition rights will also be adjusted effective October 1, 2026, due to the stock split. For instance, the 8th stock acquisition right will change from ¥758 to ¥379.

The announced stock split aims to reduce the investment unit per share, potentially enhancing the liquidity of the company’s shares and expanding its investor base. The adjustments to the dividend forecast and shareholder benefit program are mechanical changes to reflect the split ratio, indicating no material shift in the company’s payout policy or shareholder returns. The revision of stock acquisition right exercise prices is a standard procedure to maintain fairness for existing right holders following a stock split.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.

• ANYCOLOR Inc. announced its financial results for the first quarter of the fiscal year ending April 2027 (May 1, 2026 to July 31, 2026).
• During this first quarter, net sales totaled ¥16,620 million, marking a 5.4% increase compared to the same period of the previous fiscal year.
• Operating income was ¥6,390 million (down 8.8% year-on-year), ordinary income was ¥6,384 million (down 8.8% year-on-year), and net income for the quarter was ¥4,365 million (down 10.6% year-on-year).
• Basic earnings per share for the quarter were ¥72.81, compared to ¥79.97 in the prior year’s first quarter.
• The number of VTubers belonging to the “Nijisanji” and “NIJISANJI EN” groups increased to 181 (up 16 from the same period last year), and ANYCOLOR IDs reached 2,106 thousand (up 19.3% year-on-year).
• There are no revisions to the full-year earnings forecast or the annual dividend forecast (¥31.00 for year-end, ¥62.00 total), based on the latest publicly available information.

ANYCOLOR’s Q1 FY2027 results show an increase in net sales, but a decline in various profit metrics, which may draw investor attention. While the growth in VTuber headcount and ANYCOLOR ID subscribers suggests an expanding business foundation, the impact on profitability could be a key area for future monitoring. The unchanged full-year earnings forecast indicates the company’s confidence in achieving its initial annual plan.

• Mitsui High-tec Co., Ltd. announced its consolidated financial results for the second quarter (interim period) of the fiscal year ending January 2027.
• For the interim period (February 1, 2026 – July 31, 2026), net sales reached 130,672 million JPY (up 20.6% year-on-year), and operating profit was 11,818 million JPY (up 86.2% year-on-year).
• Ordinary profit amounted to 13,319 million JPY (up 122.8% year-on-year), and net profit attributable to owners of parent was 9,943 million JPY (up 137.3% year-on-year).
• Segment-wise, sales for the Dies & Machine Tools business were 6,359 million JPY (up 22.6% YoY), Electronic Components business sales were 38,749 million JPY (up 34.8% YoY), and Electric Components business sales were 89,889 million JPY (up 16.1% YoY).
• The full-year consolidated earnings forecast for the fiscal year ending January 2027 has been revised to net sales of 272,000 million JPY (up 24.6% YoY), operating profit of 19,500 million JPY (up 54.1% YoY), ordinary profit of 20,000 million JPY (up 44.8% YoY), and net profit attributable to owners of parent of 14,500 million JPY (up 360.0% YoY).

Mitsui High-tec’s strong interim results for FY2027, with significant double-digit growth across sales and profit metrics, may suggest robust performance driven by solid demand in the electric vehicle (BEV/HEV/PHEV) market and an improving semiconductor market, partially fueled by the expansion of generative AI. The depreciation of the Japanese yen also appears to have contributed to the increase in the Electronic Components segment’s profit.

• Howtelevision Co., Ltd. has announced its consolidated financial results for the second quarter (interim period) of the fiscal year ending January 2027.
• During this interim period, net sales were ¥1,654 million, an increase of 17.5% compared to the same period of the previous year.
• Operating profit reached ¥329 million, marking a 15.9% increase from the prior interim period.
• Net income attributable to owners of the parent company was ¥189 million, up 7.5% year-on-year.
• Sales in the new graduate service segment amounted to ¥1,428,417 thousand, representing a 20.1% increase compared to the same period last year.
• The platform business’s cumulative number of client companies grew to 1,112 (an increase of 24 from the end of the previous fiscal year), and cumulative members increased to 767,973 (an increase of 62,498).
• The full-year consolidated earnings forecast for the fiscal year ending January 2027 remains unchanged, projecting net sales of ¥3,100 million (up 21.2% year-on-year), operating profit of ¥50 million (down 80.1% year-on-year), and net income of ¥27 million (down 72.0% year-on-year).

Howtelevision achieved solid interim results for the second quarter of fiscal year 2027, demonstrating year-on-year growth across net sales, operating profit, ordinary profit, and net income. The new graduate service segment’s 20.1% sales increase appears to be a key driver of this performance, supported by the steady expansion of client companies and members in their platform business. Investors may want to monitor future disclosures, especially considering the unchanged full-year forecast, which suggests a potential shift in profitability or increased investments in the latter half of the fiscal year.

• B&P Co., Ltd. announced its consolidated financial results for the third quarter of the fiscal year ending October 2026.
• For the nine months ended July 31, 2026 (November 1, 2025 – July 31, 2026), net sales were ¥3.481 billion, an increase of 7.1% compared to the same period of the previous year.
• Operating profit amounted to ¥520 million (up 3.1% year-on-year), and ordinary profit was ¥521 million (up 1.7% year-on-year).
• Net profit attributable to owners of the parent company increased by 0.1% year-on-year to ¥350 million.
• Basic earnings per share (EPS) for the quarter were ¥150.78, and diluted EPS were ¥149.74.
• The consolidated full-year forecast for the fiscal year ending October 2026 remains unchanged, projecting net sales of ¥5.000 billion (up 11.2% YoY), operating profit of ¥750 million (up 6.9% YoY), and net profit attributable to owners of the parent company of ¥504 million (up 2.7% YoY).

B&P’s Q3 results indicate continued solid business performance with increases across sales and profit metrics compared to the previous year. Investors may find it noteworthy to observe how the company’s focus on new business areas and the introduction of digital solutions will contribute to future performance in relation to its unchanged full-year forecasts.

• LINK and M Co., Ltd. signed a simplified stock exchange agreement on September 9, 2026, to make SELF Corporation a wholly-owned subsidiary.
• The stock exchange will be conducted as a simplified stock exchange, with LINK and M as the wholly owning parent company and SELF Corporation as the wholly owned subsidiary.
• The effective date of the stock exchange is scheduled for October 1, 2026, with 1,077,299 shares of LINK and M’s common stock to be delivered as consideration.
• These shares will be allocated from LINK and M’s treasury stock, and no new shares will be issued.
• The allocation ratio is 0.1291419 shares of LINK and M common stock for each share of SELF Corporation common stock, and 0.8900962 shares for each share of SELF Corporation Class A preferred stock.
• Although SELF Corporation is currently in a temporary state of negative equity, it has recorded operating profit and net income for the past two fiscal years, and the negative equity is expected to be resolved in the fiscal year ending September 2026.

LINK and M’s acquisition of SELF Corporation as a wholly-owned subsidiary appears to be a strategic move to enhance its “Motivation Cloud” services and achieve its mid-term growth strategy. Integrating SELF Corporation’s AI service “SELFBOT” could potentially improve sustained organizational transformation effects and expand cross-selling opportunities. This move may also strengthen SELF Corporation’s financial foundation, and the market will likely monitor the future synergy effects closely.

• Tenpos Holdings (Code: 2751) announced its consolidated financial results for the first quarter of the fiscal year ending April 2027 (May 1, 2026, to July 31, 2026).
• During this first quarter consolidated cumulative period, net sales reached ¥14,097 million, an increase of 17.6% compared to the same period of the previous year.
• Operating profit was ¥427 million (down 40.2% year-on-year), ordinary profit was ¥451 million (down 41.7% year-on-year), and net profit attributable to parent company shareholders was ¥345 million (down 30.5% year-on-year).
• Key revenue growth drivers included the consolidation of Sunrise Service Co., Ltd., acquired in July 2025, contributing ¥1,174 million in sales, and a 115% year-on-year increase in existing store sales for Asakuma Co., Ltd.
• The decrease in profit was attributed to increased upfront investments in new store openings, new hires, and training expenses, which exceeded the revenue generated in the current first quarter.
• Four new consolidated subsidiaries were added: Marche Co., Ltd., Meiwa Seisakusho Co., Ltd., and Salon Graph Co., Ltd., among others.

Tenpos Holdings achieved double-digit revenue growth in Q1 FY2027, but reported a decrease in profits. This outcome appears to be influenced by increased upfront investments in M&A, new store openings, and human resources, aimed at future growth. How these investments translate into profitability in subsequent quarters will be a key point for investors to monitor.

• G-Stemrim announced its non-consolidated financial results for the fiscal year ended July 2026 (August 1, 2025 – July 31, 2026).
• For the July 2026 fiscal year, net sales were not reported. Operating loss was ¥(1,998) million (prior year ¥(1,971) million), ordinary loss was ¥(1,879) million (prior year ¥(1,970) million), and net loss was ¥(1,851) million (prior year ¥(1,929) million).
• Diluted earnings per share (EPS) was ¥(29.63) (prior year ¥(31.16)), and net assets per share were ¥66.39 (prior year ¥94.33).
• As of the end of July 2026, total assets were ¥5,909 million (prior year ¥7,518 million), net assets were ¥5,713 million (prior year ¥7,314 million), and the equity ratio was 70.4% (prior year 78.0%).
• The company did not provide a full-year earnings forecast for the fiscal year ending July 2027, stating that it is difficult to reasonably calculate due to the unpredictable timing of milestone revenue.
• Projected cash outflows for the fiscal year ending July 2027 include ¥1,300 million to ¥1,700 million for research and development and ¥230 million to ¥310 million for selling, general and administrative expenses.

G-Stemrim’s FY2026 results show a continued absence of sales revenue and ongoing operating and net losses, which is common for a drug discovery venture in its development phase. While the lack of a FY2027 earnings forecast suggests uncertainty regarding milestone payments, the disclosed range for anticipated R&D expenditures provides investors with insight into the company’s planned investment in its pipeline, which may be a key point for monitoring future progress.

• G-pluszero announced its cumulative financial results for the third quarter of the fiscal year ending October 2026 (November 1, 2025 – July 31, 2026).
• Cumulative performance showed revenue of ¥1,361 million (up 17.0% year-on-year), operating profit of ¥509 million (up 29.4% year-on-year), and net profit of ¥324 million (up 29.3% year-on-year).
• Progress rates against full-year forecasts are 67.7% for revenue, 68.5% for operating profit, and 68.2% for net profit.
• The company disclosed its initiatives and case studies related to AI coding for the first time.
• Regarding AEI-related services, AI operator “miraio” has been introduced to 4 companies and is in preparation for implementation by 7 companies. “Brain Plus for Sales” has been adopted by 6 companies.
• Per-person unit price improved to ¥2.30 million (up 12.8% quarter-on-quarter), and the gross profit margin reached 61.5%.

G-pluszero’s Q3 results demonstrate robust double-digit growth in both revenue and profit compared to the previous year, indicating steady progress towards its full-year targets. The company’s gross profit margin and operating profit margin exceeding full-year targets suggest an strengthening of its profitable structure. The disclosure of AI coding case studies and the advancement in AEI-related service introductions could indicate concrete progress in the company’s technological development and market expansion, which is worth monitoring for future business growth.

• Daiwa Jiko Co., Ltd. has decided to enter into a capital and business alliance agreement with Daiwa House Industry Co., Ltd.
• Based on this alliance, Daiwa Jiko will issue new shares through a third-party allotment to Daiwa House Industry (490,100 shares at an issue price of JPY 2,040 per share).
• Daiwa House Industry will hold 9.76% of Daiwa Jiko’s voting rights after this third-party allocation.
• The primary objectives of the business alliance are the effective utilization of Daiwa Jiko’s real estate assets, enhancement of existing property value, and promotion of future redevelopment and high-level utilization to improve profitability and maximize asset value.
• The funds raised are intended to be allocated to renovation and equipment upgrade investments for Daiwa Jiko’s owned real estate.

This alliance suggests Daiwa Jiko is addressing challenges in its core passenger transport business by leveraging the profitability of its real estate division and partnering with Daiwa House Industry, which has strong expertise in real estate development. The redevelopment plan for the Ginza property and the utilization of other existing real estate, supported by fundraising and know-how from the alliance, could potentially strengthen Daiwa Jiko’s mid-to-long-term revenue base. Daiwa House Industry’s equity stake through this third-party allocation may indicate a strengthened commitment and stability of the partnership.

• Asakuma Co., Ltd. announced its financial results for the second quarter of the fiscal year ending January 2027 (interim period: February 1, 2026, to July 31, 2026).
• Net sales for the interim period amounted to ¥5.859 billion, an increase of 27.2% compared to the same period last year.
• Operating income was ¥168 million (down 6.1% YoY), ordinary income was ¥172 million (down 4.8% YoY), and interim net income was ¥92 million (down 26.3% YoY).
• Basic interim earnings per share stood at ¥8.78.
• The full-year forecast for the fiscal year ending January 2027 remains unchanged: net sales of ¥12.300 billion (up 22.4% YoY), operating income of ¥660 million (up 27.3% YoY), ordinary income of ¥670 million (up 27.2% YoY), and net income of ¥409 million (up 26.0% YoY), with basic earnings per share of ¥38.64.
• As of the end of the interim period, the total number of shares issued was 10,770,040, and the number of treasury shares was 273,714.

Asakuma’s Q2 results show a significant increase in sales, while profits declined compared to the prior year, attributed to increased costs from new store openings and renovations. This suggests the company may be in an investment phase for future growth. Maintaining the full-year forecast indicates management’s confidence in a stronger performance in the second half, making the continued strength of existing stores and the progress of new store openings key factors for investors to monitor.